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    Property profile & analytics

    2101 Division St, Unit 11 Melrose Park, IL 60160-1912

    • Garden apartment buildings
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5349277
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Award Manor / Apartment Building

    Property Details for 2101 Division St

    Year built
    1970
    Lot size
    0.09 lot acres
    Property type
    Garden apartment buildings
    APN
    15-03-127-038
    APU
    1503127038

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8596
    Latitude
    41.9007
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $8,527
    $3,750
    $23,920
    $27,670
    -
    $37,500
    $239,200
    $276,700

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      2027 19th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres
      2027 19th Ave, Melrose Park, IL 60160-1266
      View Details
    • Value Estimation by Request
      0.20 Acres

      1620 1st Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres
      1620 1st Ave, Melrose Park, IL 60160-2426
      View Details
    • Value Estimation by Request
      0.40 Acres

      1212 33rd Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.40 Acres
      1212 33rd Ave, Melrose Park, IL 60160-2857
      View Details
    • Value Estimation
      $1,360,000
      5,956 SF

      1650 1st Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,956 SF
      1650 1st Ave, Melrose Park, IL 60160-2429
      View Details
    • Value Estimation by Request
      0.17 Acres

      100 4th N 13th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.17 Acres
      100 4th N 13th Ave, Melrose Park, IL 60160
      View Details
    • Value Estimation by Request
      0.21 Acres

      1926 17th Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
      1926 17th Ave, Melrose Park, IL 60160-1359
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      25,305 SF

      Retail Space in Winston Plaza

      25,305 SF retail space in Melrose Park.
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    • $10 SF/Yr
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    • $20 SF/Yr
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      Medical Office Space For Lease

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    • Contact for pricing
      7,000 SF

      Commercial Land For Lease

      Commercial land available for lease in Melrose Park, Illinois.
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    • $6,999,999
      30,000 SF

      Warehouse in Industrial Area

      Warehouse in a mature industrial and commercial mixed area.
      2074 George St, Melrose Park, IL 60160
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    • $13 SF/Yr
      5,000 SF

      Melrose Park Warehouse with Office

      Warehouse with office space, loading dock, and drive-in door.
      111 N 10Th Ave, Melrose Park, IL 60160
      View Details
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    2101 Division St, Unit 11
    Melrose Park, IL 60160-1912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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